Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.
As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system
What do you think?
This is stated many time it is true that there is limit of bitcoin to be mine, that is why they are creating a counter part of bitcoins because of that limitation.
What? Bitcoin is not limited by this at all. The amount of units is more than enough and if you want to create more units, then you just need consensus from the people running the full nodes, to run the software with the new changes.
We do not need Counter party tokens to adress any limitations that does not exist. ^lol^
Yeah it is limitless and it is because of its new features and saving procedures. Now 1 satoshi has increased more than 30k and it will not stop growing just it is not having limit but will take time to find this limitation or maybe we will never be able to discover it. For many reasons bitcoin is being use and it will have much more than this if bitcoin will increase the limit and power of an ordinary persons savings.